Bridgestone Behavioral Health Center: Cost-Volume-Profit (CVP) Analysis INTRODUCTION In June of the current year Dr. Thomas Russell‚ Executive Director‚ and Susan Smyth‚ Accountant‚ at the Bridgestone Behavioral Health Center were discussing the necessity of gaining a better understanding of how to monitor the Center’s operating and financial performance. Located in Cleveland‚ Ohio‚ Bridgestone provides prevention‚ intervention‚ and treatment services for individuals with substance abuse problems
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became the new CEO‚ and by 2000 he took the company public‚ which led the company to high share price and market capitalization of approximately $500 million. Therefore‚ the investors and analysts start began asking a question on how KKD’s stocks plummeting so high so quickly? One of the biggest factors creates the problem for KKD‚ because after they went public they start to follow aggressive strategy to expand. Early of 2000 they almost tripled their store with 144 stores to 500 in
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They’re Called For-Profit Colleges?" Kevin Carey believes that for-profit colleges are a fraud. He believes that for-profit colleges are abusing the student loan program by by charging outrageous rates to their Students and making them take out huge amounts of money; therefore‚ putting the student in debt. He also claims that students who goes to a for-profit college are only getting a worthless degree out of it. Despite all of that he also makes another claim that for-profit colleges are still the
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maximise profits. Explain the circumstances in which Home Farm might make supernormal profits in the short run‚ but only normal profits in the long run. (15 Marks) Supernormal profit is defined as extra profit above that level of normal profit. Supernormal profit occurs where Average Revenue>Average Total Cost (AR>ATC). Supernormal profit is also known as abnormal profit. Abnormal profit means there is an incentive for other firms to enter the industry. On the other hand normal profit is defined
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M3 Interpret the contents of a trading and profit and loss account and balance sheet for a selected company explaining how accounting ratios can be used to monitor the financial performance of the organisation . Profit and Loss account. The P&L will not tell you about the underlying health of the business‚ such as how much money it owes or is owed and what the value of its assets are. It shows how much money did business made in a year. It records two things sales and cost/turnover.
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intersects and form the Market equilibrium. D0 can be assumed as the Total Demand of Chocolate Cookies in the market and S0 can be assumed as the Total Supply of the Chocolate Cookies in the Market. Not for profit Organisations’ (NPOs) Average Cost (ATCn) is higher than the Average Cost of Profit Making Organisations‚ that is ATCp‚ because Not for
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crunching debt for-profit schools bring to their students and their practically worthless degrees in his article‚ “Why Do You Think They’re Called for-Profit Colleges”. Carey starts off by practically taking away the educational integrity of these for-profit “higher” education organizations. He basically describes them as get rich quick sales pitches to investors‚ with profit mainly relying on student government funding (Carey 217). Carey is relentless on exposing the fraud for-profits carry with them
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Question 1 4 out of 4 points | | | Federal funds must be used only for activities that are within the scope of the grant would be a(n)Answer | | | | | Selected Answer: | allowable activity | Correct Answer: | allowable activity | | | | | Question 2 0 out of 4 points | | | In reporting the results of a performance audit‚ it is appropriate for the auditors toAnswer | | | | | | | Correct Answer: | all of the above. | | | | | Question 3 4
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Every college student has either good or bad experiences during his college life. One of the bad experiences is living with a roommate you don’t like. During my collage studies‚ I had a roommate who gave me bad times because he was messy‚ noisy‚ and stingy. My roommate was so loud that he caused me problem‚ while I was trying to waken up early for classes. He scram when he was watching a game on TV. Also‚ he likes to study with the radio up and that bothered me especially when he was studying late
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stability because of better job satisfaction caused by power to make bigger decisions and lower labor costs caused by dispersion of more responsibilities among less people. All these factors contribute to high quality service and therefore higher profits for the hotel. Ideally‚ a hotel should have an employee empowerment scheme allowing for
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